Still too many possibilities with GBP USD Delta due to the inversion time period in both ITD and MTD time frame. Inversion could be single and double inversion, and therefore there are quite a number of possibilities, and unless we pass through this period, it's hard for me to be certain of direction. I will leave this pair for a while and look at other pairs which are more clear.
Here I thought I want to post Delta count for USD YEN. It seems like the medium term trend is down but we are in an up cycle in the intermediate term time frame.
2 comments:
Hi C, I know you mentioned before that a turning point could be +/- 3/4 days. Does this apply to inversion period as well or is the margin larger?
Hi Y,
The typical +/- 3/4 days standard deviation is the same regardless whether it's in inversion time period or not.
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